Training
Wednesday 22 Mar 2017

TC51 PROPERTY TRANSFER - IMPLICATIONS FOR PROPERTY MANAGERS

 

Date:

22 March 2017

Time:

09:30 – 17:00

Address:

Broadway House, Tothill Street, London SW1H 9NQ

 

A one day training course enabling those involved with property transfers to read leases constructively and deal confidently and safely with the process to ensure a smooth transfer of the property to the purchaser.

 

WHAT YOU WILL GET OUT OF IT:

  • Locate and interpret the specific Lease Covenants relating to Transfers of Property, identifying the actions required by the relevant parties (e.g. Property Managers, Conveyancers, Leaseholders, etc.).
  • Identify the responsibilities of the Conveyancer – Including the use of LP1 forms over Ad-Hoc information requests, etc.
  • Complete an LP1 document accurately and as completely as is appropriate for the purposes of the transfer.
  • Clarify and avoid the potential pitfalls associated with providing inaccurate information or prejudicial information that has not been requested.
  • Identify the requirements for/compliance with: Licences to assign, Deeds of Covenant, Certificates to satisfy restrictions at the Land Registry, etc. – when and why they may be required.
  • Stock transfer forms and issuing new share certificates (dealing with lost Certificates!).
  • Receipting notices of transfer and / or charge.
  • Ensure all charges due are accounted for and paid to the point of transfer. (This includes any remedial action that may be allowed if an account is not cleared.)
  • Deal appropriately with possible year end deficits/credits as part of the conveyance process.
  • Identify the key elements of effective welcome correspondence to new leaseholders.

 

WHO SHOULD ATTEND?

  • Legal staff who need to understand the requirements of the lease in the transfer of property
  • Property managers whose input is required during the property transfer
  • It may also be suitable for any other members of staff who are involved in property transfer and Company Secretary duties

 

CLICK HERE FOR MORE INFORMATION OR TO BOOK YOUR PLACE

Contact

Head Office
10 Margaret Street
London
W1W 8RL

South Coast
Fortis House
Westridge Business Park
Ryde
Isle of Wight
PO33 1QT

0207 631 7969
info@blockrecruit.co.uk